AIrdrop Agent

Perena

DeFi · Solana

Solana-based yield-bearing stablecoin USD* and SOL*, forming a stablebank infrastructure

Participation

Open now

Token

Not announced

Potential
Total funding

$3M

Major VCs
Borderless CapitalYZi Labs (Prev. Binance Labs)BBinance LabsMMitonC
Last verified

2026-08-12

Potential is AirdropAgent's editorial assessment and does not confirm an official distribution.

Tasks

Participation programme live
  1. Connect a Solana wallet at app.perena.org.
  2. Deposit into USD*, Protected, Junior, or SOL*.
  3. Check Smart Borrow for competitive borrowing rates and use it if needed.
  4. Join the whitelist for the Perena Card.
  5. Follow the official Instagram and apply for the Superteam x Perena $1,750 bounty announced on X.
  6. Submit a question to 'Ask the Intern'.
Check the official site

Events & campaigns

EventsPerena Card Whitelist & $1,750 Bounty: Worth Joining Now?2026-08-10

Funding & investors

Round
—
Lead
—
Investors
Binance Labs · Borderless
Round
Pre-seed
Lead
Borderless Capital
Investors
YZi Labs (Prev. Binance Labs) · Borderless Capital · MitonC · Maelstrom · Breed VC · ABCDE · SevenX Ventures

Overview

Perena is a decentralized stablebank protocol on Solana. It offers the yield-bearing dollar USD*, risk-tiered tranches (Protected, Junior, and more), and SOL*, a SOL-pegged token, generating yield from delta-neutral strategies and RWAs. It also provides a borrowing feature called Smart Borrow for TradFi-style use cases.

Analysis

No token has launched yet. In an official X post on August 12, 2026, founder Anna confirmed the TGE is being held back, stating that neither the product, the infrastructure, nor the timing is right yet. TVL sits at roughly $8.4M for Vaults and about $650K for the Dex per DefiLlama, still modest in scale. Tranche APYs as of August 2026 are roughly 5% for Protected, 8.5% for Senior, and 17-18% for Junior. The earlier Petals/Season points programme has officially ended per the docs, and there is no confirmed Season 2 or 3. A new rewards programme is only described as 'coming soon' with no further detail. No named audit firm or audit date could be confirmed.

Related guides & analysis

Token & distribution status

Token
Not announced
Ticker
Not announced
TGE
Not announced
Allocation
Published

Allocation

Season 0​: ended 2025-01-28, Petals earned via swaps and LP; no confirmed distribution. Pre-Season Boost​: started around 2025-03-19, granting retroactive Petals for past activity. Season 1​: started 2025-10-23, with $1 held per day = 1 Petal, and referrers earning 10% of a referee's Petals. On 2025-11-05 eligibility expanded to transfers, LP, and DeFi-sourced USD*. Official docs now state the Seasons Program has ended, with no confirmed Season 2 or 3. Superteam x Perena campaign​: ran 2026-05-15 to 2026-06-30, giving Superteam members an 8% APY plus $10 in USD* for minting 1,000+ USDC and holding for 30 days, capped at 500 wallets and $5,000 total. Seeker campaign​: started 2025-09-15, offering a 1.1x APY boost to Seeker Genesis Token holders; end date and final distribution unconfirmed. No NPERENA token distribution has occurred, as the TGE has not happened.

AirdropAgent view

This is our analysis of public information, not an official programme rule.

Priority 1​: Join the Perena Card whitelist (announced August 9, 2026) first since it costs nothing. Priority 2​: Depositing into the Junior tranche (APY around 17-18% as of August 2026) offers the highest yield but also carries the largest first-loss risk. Priority 3​: The Superteam x Perena $1,750 content bounty (announced August 9, 2026) takes time but has a clear reward. There is no point farming Petals/Season points further since that programme has ended.

Security & risks

Verified security information

No named audit firm or audit date could be confirmed. USD* is backed by delta-neutral strategies and third-party positions such as the OnRe reinsurance fund, carrying counterparty risk. No past incidents have been confirmed.

Key risks

  • The Junior tranche absorbs losses first, so its high APY comes with principal risk.
  • USD*/SOL* are backed by delta-neutral strategies and third-party positions like the OnRe reinsurance fund, introducing counterparty risk.
  • No named audit firm or audit date has been confirmed, leaving the security posture unclear.
  • No token has launched yet, and the terms and timeline for any future distribution remain undefined as of August 12, 2026.
  • The Petals/Season points programme has ended, and how previously earned points will be treated going forward is unclear.

Recent moves on X

Only posts about joining or distribution, shown as posted. Click through for the original.

What's next

Smart Borrow (powered by Hobba) was announced August 4, 2026, and SOL* (with Kestrel Fi) on August 11, 2026. The docs mention a Vault V2 with no confirmed timeline. On the TGE, founder Anna stated on August 12, 2026 that neither the product, infrastructure, nor timing is right yet, with no launch date given.

Visit the official site

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